Inpex Corp Adr Stock Market Value
| IPXHY Stock | USD 11.92 0.16 1.32% |
| Symbol | Inpex |
Inpex Corp 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Inpex Corp's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Inpex Corp.
| 01/02/2025 |
| 02/01/2025 |
If you would invest 0.00 in Inpex Corp on January 2, 2025 and sell it all today you would earn a total of 0.00 from holding Inpex Corp ADR or generate 0.0% return on investment in Inpex Corp over 30 days. Inpex Corp is related to or competes with San Leon, Enwell Energy, Dno ASA, Questerre Energy, PetroShale, Orca Energy, and Petrus Resources. Inpex Corporation engages in the research, exploration, development, production, and sale of oil, natural gas, and other... More
Inpex Corp Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Inpex Corp's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Inpex Corp ADR upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 7.41 | |||
| Value At Risk | (2.08) | |||
| Potential Upside | 2.29 |
Inpex Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Inpex Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Inpex Corp's standard deviation. In reality, there are many statistical measures that can use Inpex Corp historical prices to predict the future Inpex Corp's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | (1.05) |
Inpex Corp ADR Backtested Returns
Inpex Corp ADR holds Efficiency (Sharpe) Ratio of -0.12, which attests that the entity had a -0.12 % return per unit of risk over the last 3 months. Inpex Corp ADR exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Inpex Corp's Risk Adjusted Performance of (0.1), standard deviation of 1.47, and Market Risk Adjusted Performance of (1.04) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.18, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Inpex Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Inpex Corp is expected to be smaller as well. At this point, Inpex Corp ADR has a negative expected return of -0.18%. Please make sure to check out Inpex Corp's total risk alpha, kurtosis, as well as the relationship between the Kurtosis and market facilitation index , to decide if Inpex Corp ADR performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.07 |
Virtually no predictability
Inpex Corp ADR has virtually no predictability. Overlapping area represents the amount of predictability between Inpex Corp time series from 2nd of January 2025 to 17th of January 2025 and 17th of January 2025 to 1st of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Inpex Corp ADR price movement. The serial correlation of 0.07 indicates that barely 7.0% of current Inpex Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Inpex Corp ADR lagged returns against current returns
Autocorrelation, which is Inpex Corp pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Inpex Corp's pink sheet expected returns. We can calculate the autocorrelation of Inpex Corp returns to help us make a trade decision. For example, suppose you find that Inpex Corp has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Inpex Corp regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Inpex Corp pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Inpex Corp pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Inpex Corp pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Inpex Corp Lagged Returns
When evaluating Inpex Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Inpex Corp pink sheet have on its future price. Inpex Corp autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Inpex Corp autocorrelation shows the relationship between Inpex Corp pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Inpex Corp ADR.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Inpex Pink Sheet Analysis
When running Inpex Corp's price analysis, check to measure Inpex Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Inpex Corp is operating at the current time. Most of Inpex Corp's value examination focuses on studying past and present price action to predict the probability of Inpex Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inpex Corp's price. Additionally, you may evaluate how the addition of Inpex Corp to your portfolios can decrease your overall portfolio volatility.